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Loan supervisor vs loan adviser

The differences between loan supervisors and loan advisers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a loan supervisor and a loan adviser. Additionally, a loan supervisor has an average salary of $67,504, which is higher than the $40,365 average annual salary of a loan adviser.

The top three skills for a loan supervisor include customer service, real estate and financial statements. The most important skills for a loan adviser are customer service, origination, and mortgage loans.

Loan supervisor vs loan adviser overview

Loan SupervisorLoan Adviser
Yearly salary$67,504$40,365
Hourly rate$32.45$19.41
Growth rate4%4%
Number of jobs9,60624,189
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 52%
Average age4545
Years of experience66

Loan supervisor vs loan adviser salary

Loan supervisors and loan advisers have different pay scales, as shown below.

Loan SupervisorLoan Adviser
Average salary$67,504$40,365
Salary rangeBetween $46,000 And $98,000Between $28,000 And $56,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between loan supervisor and loan adviser education

There are a few differences between a loan supervisor and a loan adviser in terms of educational background:

Loan SupervisorLoan Adviser
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Loan supervisor vs loan adviser demographics

Here are the differences between loan supervisors' and loan advisers' demographics:

Loan SupervisorLoan Adviser
Average age4545
Gender ratioMale, 36.4% Female, 63.6%Male, 47.7% Female, 52.3%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.9% Asian, 6.4% White, 63.5% American Indian and Alaska Native, 0.5%Black or African American, 9.3% Unknown, 4.6% Hispanic or Latino, 16.1% Asian, 6.4% White, 63.1% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between loan supervisor and loan adviser duties and responsibilities

Loan supervisor example responsibilities.

  • Manage loan origination underwriting and funding teams for dealer and consumer financial products and services.
  • Receive loans originate by multiple loan officers, gather all necessary documentation and submit complete underwriting packages to lenders.
  • Analyze mortgagors for approval of HAMP or traditional modification.

Loan adviser example responsibilities.

  • Manage a multifacete commercial real estate investment firm.
  • Follow the FDCPA, FCRA and TCPA guidelines and is a license collector.
  • Assist future homeowners obtain financing through FHA, VA, USDA, or conventional financing.
  • Handle all calls with due care to ensure proper adherence to FDCPA rules and regulations.
  • Determine financing options for clients, and advise them on a variety of FHA, conventional, and sub-prime mortgages.
  • Communicate to a small team basic loan restructuring possibilities to assist customers in resolving delinquency and avoiding foreclosure.
  • Show more

Loan supervisor vs loan adviser skills

Common loan supervisor skills
  • Customer Service, 14%
  • Real Estate, 13%
  • Financial Statements, 9%
  • Escrow, 7%
  • Mortgage Loans, 6%
  • Direct Reports, 5%
Common loan adviser skills
  • Customer Service, 44%
  • Origination, 14%
  • Mortgage Loans, 7%
  • Loan Process, 5%
  • Automated Underwriting, 4%
  • NMLS, 4%

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